News coverage about Kingstone Companies (NASDAQ:KINS) has trended somewhat positive on Friday, Alpha One reports. The research firm, a division of Accern, identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kingstone Companies earned a media sentiment score of 0.12 on Alpha One’s scale. Alpha One also gave media headlines about the insurance provider an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near future.
These are some of the media headlines that may have effected Alpha One’s analysis:
- KINGSTONE COMPANIES, INC. : Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (4-traders.com)
- Kingstone (KINS) Announces the Addition of Carla D’Andre to its Board of Directors (streetinsider.com)
- Kingstone Announces the Addition of Carla D’Andre to its Board of Directors (finance.yahoo.com)
- Boenning Scattergood Analysts Cut Earnings Estimates for Kingstone Companies Inc (KINS) (americanbankingnews.com)
- Kingstone Companies’ (KINS) CEO Barry Goldstein on Q1 2017 Results – Earnings Call Transcript (seekingalpha.com)
Separately, Boenning Scattergood reissued an “outperform” rating and set a $17.00 price target on shares of Kingstone Companies in a report on Monday, April 17th.
Kingstone Companies (NASDAQ:KINS) traded down 1.00% during trading on Friday, hitting $14.80. The company had a trading volume of 38,748 shares. The company’s 50 day moving average price is $15.08 and its 200-day moving average price is $13.61. The company has a market cap of $157.19 million, a PE ratio of 12.98 and a beta of 0.05. Kingstone Companies has a 12 month low of $8.34 and a 12 month high of $16.10.
Kingstone Companies (NASDAQ:KINS) last issued its quarterly earnings data on Thursday, May 11th. The insurance provider reported $0.15 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.02. Kingstone Companies had a return on equity of 16.36% and a net margin of 11.66%. The company had revenue of $16.37 million during the quarter, compared to analyst estimates of $16.80 million. During the same quarter in the previous year, the firm earned $0.07 earnings per share. Kingstone Companies’s revenue was up 12.7% on a year-over-year basis. Equities analysts expect that Kingstone Companies will post $1.13 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Wednesday, May 31st will be issued a dividend of $0.08 per share. This is a positive change from Kingstone Companies’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend is Friday, May 26th. This represents a $0.32 annualized dividend and a dividend yield of 2.14%. Kingstone Companies’s payout ratio is presently 22.52%.
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Kingstone Companies Company Profile
Kingstone Companies, Inc offers property and casualty insurance products to small businesses and individuals in New York State. The Company offers these products through its subsidiary, Kingstone Insurance Company (KICO). KICO is a licensed property and casualty insurance company. The Company operates through property and casualty insurances segment, which offers a range of property and casualty policies to its producers.
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